Patti Wang Cross
Habitat for Humanity East Bay/Silicon Valley
510-803-3348 (office) | 510-219-0088 (mobile)
Habitat for Humanity East Bay/Silicon Valley receives a $30,000 Wells Fargo grant to expand access to affordable homes in Walnut Creek
First homeowners of Esperanza Place, an affordable, climate-smart community, will move in early next year.
WALNUT CREEK, CALIF. (Sept. 29, 2023) — Today, Habitat for Humanity East Bay/Silicon Valley announced that it received a $30,000 Wells Fargo grant to help build Esperanza Place, a 42-home affordable community in the heart of Walnut Creek. Habitat East Bay/Silicon Valley is one of more than 230 Habitat for Humanity affiliates awarded grant funding nationwide through the 2023 Wells Fargo Builds program to help low-to-moderate income families access affordable homes.
The grant to Habitat East Bay/Silicon Valley, along with the hard work of Wells Fargo volunteers, will provide essential support as the first phase of construction on Esperanza Place nears completion – which means that 23 homeowners will soon be able to call this affordable new Zero Net Energy neighborhood “home.”
“This grant from Wells Fargo – and the fact that they are compounding that generosity with volunteerism – is a tremendous help,” said Janice Jensen, president and chief executive officer of Habitat East Bay/Silicon Valley. “Wells Fargo’s partnership means more families who are priced out of the marketplace can own a home here in Walnut Creek and build long-term stability, along with all of the many benefits that come with it.”
“Everyone deserves an opportunity to have a healthy, affordable, and sustainable place to call home. We are thrilled to join Habitat for Humanity East Bay/Silicon Valley in their work to build a zero-net energy development, Esperanza Place, and create much needed affordable and sustainable homes,” said Steve Hitchcock, region bank executive for Wells Fargo.
This funding is part of a $7.5 million donation to Habitat for Humanity International through the 2023 Wells Fargo Builds program to build and repair more than 360 affordable homes nationwide.